2023S Review Questions 2

2023S Review Questions 2

Professional Development

30 Qs

quiz-placeholder

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2023S Review Questions 2

2023S Review Questions 2

Assessment

Quiz

Business

Professional Development

Hard

Created by

Lcit Pmguild

Used 1+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A project manager is leading a project with seven key stakeholders. What should the project manager consider as the most important part of stakeholder management?

Avoid challenging stakeholders.

Make changes to the project schedule in real-time.

Ensure all stakeholders receive the same information.

Establish good working relationships with all stakeholders.

Answer explanation

Relationships between the project manager, the project’s stakeholders, and the project team are very important. The most critical part of stakeholder management is relationships.

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

After 20% of a project was completed, the customer made the decision to change the provider for data center implementation. The new provider project manager requested a meeting with the customer to clarify how the project will be impacted if the requirements are not well gathered. Which are the project areas that could be impacted if the requirements are not well gathered? (Choose 3.)

Cost

Quality assurance

Schedule

Quality customer service

Quality planning

Answer explanation

Data gathering techniques that can be used but are not limited:

- Brainstorming

- Interviews

- Focus groups

- Questionnaires and surveys

- Benchmarking

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A project manager sends out requests for regular status meetings and daily standup meetings during the project setup phase. However, business stakeholders are declining the meetings. What should the project manager do?

Discuss optional stakeholder representation.

Create a communications management plan.

Set up a project team room.

Hold a project kick-off meeting.

Answer explanation

The stakeholders did not engage in the project because clear expectations were not set, nor were they trained on how the agile methodology works. A skill assessment at the beginning of the project would have helped the project manager understand the level of competency of the stakeholders in this area. Creating Communications Management plan, holding project kick-off meeting & setting up project team room will be the next steps.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is a key component of effective communications with others?

Trust

Transparency

Honesty

Loyalty

Answer explanation

Building relationships with your stakeholders also helps to build trust between you, them, and your project team – and trust around the project. Trust is a key component of effective communication with others. Stakeholders who feel they can trust you are more apt to share information with you and be engaged in the project.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company outsources the execution of a project with a fixed-price contract to a supplier. During execution, the supplier agrees to deliver additional customer requirements that were not included in the contract. To fulfill the expanded scope, both parties add more resources to keep the project on the planned schedule. Which technique is being applied in this project?

Fast tracking

Crashing

Resource leveling

Lead and lag

Answer explanation

If the scope increases without increasing the schedule, the crashing technique achieves compression by adding more resources.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A research and development department is planning to develop a product that will introduce a new line of business for the organization. What should the project manager do to increase the project's chances of success?

Start developing the project management plan based on a previous project template from the project management office (PMO).

Conduct an impact analysis of the new initiative to determine how the project should be rolled out.

Plan a working session focusing on the scope, vision, and mission of the initiative.

Conduct benchmarking to determine the business viability of the initiative.

Answer explanation

For any project success its critical to initially define vision and mission of the overall initiative even before focusing on detailed planning. Project management plan, determining business viability or impact analysis should be carried out once the initiative is defined properly.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What can a project manager do to communicate the formal project announcement and relevant information to stakeholders, and then gain their commitment?

Create the project charter.

Conduct a kick-off meeting.

Develop the communications management plan.

Prepare and distribute the responsible, accountable, consult, and inform (RACI) matrix.

Answer explanation

PMBOK Sixth Edition Chapter 1 and 3 provide the details for the response to this question. The Project Manager activities may include consulting with executive and business unit leaders on ideas for advancing strategic objectives, improving organizational performance, or meeting customer needs. The project manager may also be called upon to manage or assist in business analysis, business case development, and aspects of portfolio management for a project. A project manager may also be involved in follow-on activities related to realizing business benefits from the project. After this the project manager is supposed to communicate with the stakeholders.

The correct answer to this question, therefore, is: "Conduct a Kick-Off meeting."

The Distractors are well defined and accepted.

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